7 Strategies to Modernize The Healthcare Payment Ecosystem

Submitting and paying claims is the financial underpinning of the U.S. healthcare system, a system plagued with inefficiencies that create disconnects between health plans and health systems. As a result, revenue cycles and claims systems are clogged, the patient and member experience is disrupted, care quality is suffering, and innovations in care delivery are constrained.  

The solution? Modernization. 

Modernizing the healthcare ecosystem reduces wasteful administrative spending, enhances price competitiveness, and drives strategic value. Providers, health plans, and health IT vendors can all leverage artificial intelligence (AI), robotic process automation (RPA), and low-code/no-code tools to improve revenue cycle and claims management by building customized experiences and workflows specific to their unique business needs. 
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